NEW FUND OFFER - DBS CHOLA SMALL CAP FUND

The DBS Chola Small Cap Fund is the latest offering from the DBS Chola fund house.
This scheme aims to achieve capital appreciation by investing predominantly in equity and equity related instruments of companies with smaller market capitalization. Here, small cap companies are defined as those whose market capitalization falls between the highest and the lowest constituent of the BSE Small Cap Index. The DBS Chola Small Cap Fund proposes to invest at least 65 per cent of the fund proceeds in equity and equity related securities of small companies. It has an option of investing upto 35 per cent in securities of companies other than smaller companies and upto 35 per cent may be invested in debt and money market instruments as well.This fund would automatically be converted into an open ended fund after the expiry of three years.Scheme Details Issue Opens: November 20, 2007Issue Closes: December 20, 2007Type: Closed-end, equity schemeBenchmark Index: BSE Small Cap IndexMinimum Investment: Rs 5000Entry Load: NilExit Load: Nil. However, redemption will be permitted after deduction of unamortized initial issue expenses Cost: Initial issue expenses, not exceeding 6 per cent of the corpus collected, would be amortized on a daily basis over the three-year closed-end tenure of the scheme.

Performance History:

Fund ManagerR. Rajagopal is the designated fund manager for the scheme. He has a total experience of 13 years. His prior assignments were with IDBI Capital Market Services as Vice President Equity Investment, Principal - PNB Asset Management Co. as Senior Investment Analyst, IDBI Investment Management Company as Fund Manager, Kotak Mahindra Finance as Manager and Stock Holding Corporation of India as Executive.Rajagopal is responsible for managing all equity and the equity portion of DBS Chola MIP Fund.
Performance History: DBS CholaDBS Chola AMC stared its operation in the year 1997. Currently their AUM are worth Rs. 5164 crore. The fund house's 9 equity fund offerings constitute just 6 per cent of its total assets under management. Out of its three rated equity funds, DBS Chola Opportunities has a 4-star rating while DBS Chola Midcap Fund and DBS Chola Growth have a 3-star rating.